Fraud and financial crime remain challenging for financial institutions (FIs), even as fraud rates have remained high for many of them in 2023 relative to...
PYMNTS Intelligence recently found that more than 40% of financial institutions (FIs) see increasing fraud and financial crime. This advancing wave likely poses a significant...
How do you safely develop and responsibly profit from an innovation like artificial intelligence (AI)? This ongoing question has prompted the sudden proliferation of committees and forums...
Artificial intelligence (AI) and machine learning (ML) are no longer emerging technologies. The innovations have officially arrived, and they are already having an impact around...
Governance is back in the news with the OpenAI debacle. The Governance Lessons of Brexit and Bitcoin The last time I wrote about governance was...
Lately, it seems each new day brings another advancement in the payments world. And increasingly, those exciting advances and innovations are impacting the world of...
Accounts payable (AP) staff have been working extra hours as they use legacy and manual procedures to handle a growing number of invoices. Seventy-five percent...
With the rise of digital transactions and online services, fraud has become an increasing concern for both consumers and businesses. In March 2023, for example,...
WorkFusion has unveiled a new AI Transaction Monitoring Investigator designed to automate the review of first-level (L1) transaction monitoring alerts. The new artificial intelligence (AI)...